No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 24, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

The world’s 10 richest people lost $172 billion in 3 days as stocks crashed

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 7 mins read
A A
The world’s 10 richest people lost 2 billion in 3 days as stocks crashed
Share on FacebookShare on TwitterShare on LInkedIn


Meta Platforms CEO Mark Zuckerberg and Tesla CEO Elon Musk.Andrew Caballero-Reynolds/AFP via Getty Images. Allison Robbert-Pool/Getty Images

The world’s 10 richest people had a combined $172 billion wiped off their fortunes in three days.

Stocks plunged after Trump’s tariff plans sparked fears of retaliation and recession.

Elon Musk is down $35 billion since Wednesday, while Mark Zuckerberg is down about $24 billion.

The world’s 10 richest people had a combined $172 billion wiped off their fortunes during the stock market’s three-day rout, the Bloomberg Billionaires Index shows.

President Donald Trump’s unveiling of sweeping tariffs last Wednesday triggered a frantic sell-off that sent the S&P 500 down 11% over the course of Thursday, Friday, and Monday.

The world’s 10 wealthiest people, collectively worth just over $2 trillion at the start of this year, have had more than $350 billion vaporized in 2025 due to the slide in the value of their equity stakes.

Elon Musk alone has shed $135 billion, bringing the Tesla and SpaceX CEO’s net worth below $300 billion for the first time in five months. The only top 10 member in the green this year is Warren Buffett, the legendary investor who leads Berkshire Hathaway.

Here’s where their fortunes stood at Monday’s market close:

Net worth: $298 billion

3-day change: down $35 billion

Year-to-date change: down $135 billion

Elon Musk.
Tesla and SpaceX CEO Elon MuskGraeme Sloan for The Washington Post via Getty Images

Elon Musk’s net worth has fluctuated wildly in recent months. Excitement about his proximity to the president has been replaced by concern, as anger has grown toward the White House’s DOGE agency, and public backlash against Tesla has hammered the automaker’s stock.

The world’s richest person derives his wealth primarily from his stakes in Tesla and SpaceX. His other businesses include SpaceX, Neuralink, X, The Boring Company, and xAI.

Net worth: $196 billion

3-day change: down $21 billion

Year-to-date change: down $43 billion

Jeff Bezos.
Jeff Bezos stepped down as Amazon’s CEO in 2021.AP Photo/John Loche

Jeff Bezos is the founder and executive chairman of Amazon. He also owns The Washington Post, which he purchased in 2013. Bezos stepped down as Amazon’s CEO in 2021.

Net worth: $183 billion

3-day change: down $24 billion

Year-to-date change: down $25 billion

Mark Zuckerberg
Mark Zuckerberg is the cofounder and CEO of Meta Platforms.Manuel Orbegozo/REUTERS

Mark Zuckerberg is the cofounder and CEO of Meta Platforms, the social media behemoth that owns Facebook, WhatsApp, Instagram, and Threads.

Net worth: $154 billion

3-day change: down $14 billion

Year-to-date change: up $12 billion

Warren Buffet
Warren Buffett is the chairman and CEO of Berkshire Hathaway.Reuters/Mario Anzuoni

Warren Buffett, 94, is the chairman and CEO of Berkshire Hathaway. His conglomerate owns scores of businesses including Geico and See’s Candies, and holds multibillion-dollar stakes in public companies such as Apple and American Express.

Story Continues

The legendary investor’s track record of capitalizing on market crashes, and his company’s scale and diversification, have made Berkshire a haven for investors who’ve pushed its stock up 8% this year.

Net worth: $150 billion

3-day change: down $19 billion

Year-to-date change: down $26 billion

Bernard Arnault walking past a royal guard.
Bernard Arnault is the CEO of LVMH.Chesnot/Getty Images

Bernard Arnault is the chairman and CEO of LVMH, the world’s largest luxury goods conglomerate. LVMH owns more than 75 brands spanning fashion, cosmetics, jewelry, and spirits, including Louis Vuitton, Dior, and Moët & Chandon.

LVMH’s sales have come under pressure from flagging luxury demand in recent quarters.

Net worth: $149 billion

3-day change: down $13 billion

Year-to-date change: down $10 billion

Bill Gates sitting in a chair holding a microphone.
Bill Gates is the billionaire cofounder of Microsoft.Roy Rochlin/Getty Images for Netflix

Bill Gates is the cofounder of Microsoft, though he stepped down from the board in 2020 and now owns only a small percentage of its shares. Most of his fortune is managed through Cascade Investment, a private firm that holds major stakes in companies like the Four Seasons Hotels.

Gates’ primary focus is the Gates Foundation, a philanthropic powerhouse that supports global health, education, and climate initiatives.

Net worth: $147 billion

3-day change: down $21 billion

Year-to-date change: down $45 billion

Larry Ellison.
Larry Ellison is Oracle’s cofounder.Elizabeth Frantz/REUTERS

Larry Ellison is the cofounder, executive chairman, and chief technology officer of Oracle, one of the world’s largest software and cloud computing companies.

Ellison is also a major investor in Tesla and owns a large portion of Lanai, a Hawaiian island.

Along with OpenAI’s Sam Altman and SoftBank’s Masayoshi Son, Ellison is spearheading Project Stargate, a $500 billion AI infrastructure initiative supported by Trump .

Net worth: $134 billion

3-day change: down $9 billion

Year-to-date change: down $35 billion

Larry Page speaks during the Fortune Global Forum at the Legion Of Honor on November 2, 2015 in San Francisco, California.
Alphabet cofounder Larry Page stepped down as CEO in 2019.Kimberly White/Getty Images for Fortune

Larry Page is the cofounder of Google and a board member of its parent company, Alphabet. While he stepped down as Alphabet’s CEO in 2019, he remains a major shareholder and influential figure.

Page is also a major backer of Kitty Hawk and Opener, companies that are developing electric flying vehicles.

Net worth: $126 billion

3-day change: down $8 billion

Year-to-date change: down $20 billion

Steve Ballmer speaks onstage at the Intuit Dome opening night event held at Intuit Dome on August 15, 2024 in Inglewood, California.
Steve Ballmer is the former CEO of Microsoft.Michael Buckner/Variety via Getty Images

Steve Ballmer is the former CEO of Microsoft, a role he held from 2000 to 2014. He remains one of the company’s largest individual shareholders with an estimated 4% stake.

Outside Microsoft, Ballmer also owns the Los Angeles Clippers, an NBA team he purchased in 2014 for $2 billion.

Net worth: $126 billion

3-day change: down $8 billion

Year-to-date change: down $33 billion

Sergey Brin
Google cofounder Sergey Brin.Kelly Sullivan/Getty Images

Sergey Brin is the cofounder of Google and played a key role in developing its early search algorithms. He served as president of Alphabet until stepping down in 2019.

Like Page, Brin retains significant influence at Alphabet through his Class B shares. Most of his net worth is tied to Alphabet stock.

Read the original article on Business Insider



Source link

Tags: BillioncrasheddayslostpeoplericheststocksWorlds
ShareTweetShare
Previous Post

Dave Portnoy estimates he’s lost $20 million after the Trump tariff-fueled stock market ‘bloodbath’ 

Next Post

10 Old Money Sayings That Can Boost Your Financial Game Today

Related Posts

edit post
Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

by TheAdviserMagazine
October 24, 2025
0

After six consecutive sessions of solid gains, the Nifty paused for breath on Friday, slipping below the 26,000 mark. While...

edit post
Tomatoes Rs 600 per kg, capsicum Rs 300: Pakistanis are paying a heavy price after conflict with Afghanistan

Tomatoes Rs 600 per kg, capsicum Rs 300: Pakistanis are paying a heavy price after conflict with Afghanistan

by TheAdviserMagazine
October 24, 2025
0

Prices of essential goods have sharply increased in both Pakistan and Afghanistan after border closures disrupted cross-border trade between the...

edit post
Goldman aims for ‘PE returns’ with new ETF

Goldman aims for ‘PE returns’ with new ETF

by TheAdviserMagazine
October 23, 2025
0

Goldman Sachs Asset Management is teaming up with MSCI Inc. to launch an exchange-traded fund that aims to deliver returns...

edit post
Tesla’s weak earnings show how the ‘Musk Magic’ Premium is inflating its share price

Tesla’s weak earnings show how the ‘Musk Magic’ Premium is inflating its share price

by TheAdviserMagazine
October 23, 2025
0

Over the past year, on the day after Tesla unveils its latest quarterly report, this writer has calculated a metric...

edit post
Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed

Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed

by TheAdviserMagazine
October 23, 2025
0

The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no...

edit post
With  trillion pay package on the line, Elon Musk blasts influential firms telling shareholders to reject it: ‘Those guys are corporate terrorists’

With $1 trillion pay package on the line, Elon Musk blasts influential firms telling shareholders to reject it: ‘Those guys are corporate terrorists’

by TheAdviserMagazine
October 23, 2025
0

Elon Musk stole the show in the final minutes of Tesla’s Wednesday earnings call to label the advisory firms pushing...

Next Post
edit post
10 Old Money Sayings That Can Boost Your Financial Game Today

10 Old Money Sayings That Can Boost Your Financial Game Today

edit post
Treasuries typically provide safe haven, but bond yields are spiking again as investors debate the Fed’s next move

Treasuries typically provide safe haven, but bond yields are spiking again as investors debate the Fed’s next move

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
As Altria (MO) gears up for its Q3 2025 earnings, a few points to note

As Altria (MO) gears up for its Q3 2025 earnings, a few points to note

0
edit post
2025 List Of All 177 Financial Sector Stocks From Big Sector ETFs

2025 List Of All 177 Financial Sector Stocks From Big Sector ETFs

0
edit post
The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

0
edit post
Five airlines to resume Israel flights next week

Five airlines to resume Israel flights next week

0
edit post
If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

0
edit post
7 Overlooked Pairings of VA + Medicare That Slash Out-of-Pocket Costs

7 Overlooked Pairings of VA + Medicare That Slash Out-of-Pocket Costs

0
edit post
The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

October 24, 2025
edit post
If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

October 24, 2025
edit post
Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

October 24, 2025
edit post
Comprehensive Sodium-Ion Battery Market Analysis: Demand Forecast

Comprehensive Sodium-Ion Battery Market Analysis: Demand Forecast

October 24, 2025
edit post
Alnylam Pharmaceuticals – ALNY: Volkskrankheit Bluthochdruck im Visier!

Alnylam Pharmaceuticals – ALNY: Volkskrankheit Bluthochdruck im Visier!

October 24, 2025
edit post
China strikes conciliatory tone ahead of expected Trump-Xi meeting

China strikes conciliatory tone ahead of expected Trump-Xi meeting

October 24, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The Myth of the “Robber Barons”: James Hill versus the Crony Competitors
  • If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?
  • Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.